The dollar and the Euro rose slightly on Friday at the opening


Moscow. December 4. The ruble fell slightly against the dollar and Euro on the Moscow stock exchange at the opening on Friday, exchange rates remain two to three-month highs. The ruble remains under pressure due to the increased uncertainty of the dynamics of oil prices before the OPEC meeting.

Bidding on the dollar began Friday morning with deals within 67,59-67,76 ruble, on average, two minutes the rate was 67,68 rubles (+17 cents to its previous close). The Euro was on average 73,91 ruble (+6 kopeks). The bi-currency basket amounted 70,485 roubles (+12 kopeks).

Individual trade the Euro took place as the day before in the late evening hours, above the level 74 of the rouble: the Euro is not traded so expensively on 2 October, i.e. more than two months.

The dollar was 9 cents below the current official rate of Euro to ruble 2.13 higher than the official rate. Yesterday following the results of day the dollar rose on the ETS by only 0.8 cent, Euro 2.24 ruble.

Experts “Interfax-CEA” note that the slight decrease of the ruble at the opening associated with the wait-and-see market sentiment in anticipation of the outcome of the OPEC meeting, which determine an increased risk of a new wave of falling prices of oil.

Oil quotes are growing in the morning before the meeting, oil Ministers of OPEC countries. The cost of the January futures for Brent crude on London’s ICE Futures exchange to 8:56 MSK increased by $0,16 (0,36%) – to $44 per barrel. By the close of market on Thursday, the contract price increased by us $1.35 (3,18%) to $43,84 per barrel.